2012-12-24
2012-12-24
x macy

STATION
CNBC 1
CNNW 1
KGO (ABC) 1
KRON (MyNetworkTV) 1
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in newtown, the country remains polarized on the issue of gun control. cnn's senior congressional correspondent dana bash is in washington. we know that some lawmakers came forward and expressed interest in introducing legislation about gun control, but i guess the question is will they really in the new year? >> reporter: it really -- the reaction, especially and even among republicans to the nra idea is sort of muted at best. it's not a lot of enthusiasm on capitol hill for the idea of the federal government stepping in and endorsing the idea of all schools having armed police officers. never mind funding it. listen to a couple of senators, starting with a republican. >> we had an armed guard in columbine. we had an assault ban. none of it worked. we're talking about preventing mass murder from nontraditional criminals. people who are not traditional criminals, who are not wired right for some reason. >> since we passed the brady law, the assaults are down. we need to keep working on this, and there are lots of different solutions. >> just because the republicans may not be runn

it from around the country. newtown, connecticut, is facing an extremely difficult christmas. but the nation has opened its heart to this town on this holiday. rob nelson has the story. >> reporter: good morning, guys. it's a cruel irony for newtown this christmas. in the midst of this season of giving, a town still reeling from so much lost. residents are finding no shortage of prayer, comfort, and kindness. during this season of giving, the people of newtown, connecticut, have been overwhelmed with love and support for the holidays. >> you do what you can. everybody does a little bit. and it means a whole lot to everybody. >> reporter: the newtown post office has been flooded with gifts, letters, and prayers. incredible sprinkles of love from all over the globe. >> i think i saw brazil, australia. anybody in newtown who needs a hug. it's amazing. >> reporter: at the local town hall, there are mountains of donated toys. and hurricane sandy victims wanted to spread the joy. >> we have had so much help, we wanted to pay it forward. >> reporter: and the people of newtown agree.

. as the debate over how to happened in newtown connecticut continues. the national rifle the northbay was bombarded with heavy rainfall. in corte madera heavy rains kept some christmas shoppers at home. the rain brought with it flooding to many parts of the north bay. crews worked to clear roadways and make it safe for those who braved the >> i braved the rainfall, to get at the shopping done. >> a much needed break from the rain today will allow last minute shoppers to get their shopping done today before more showers arrive for christmas. please make readable for anny the raiders playing out the >> po 42 degrees rebels, with locally dense fog. novado, 42 degrees--right now. there is a storm system ruling through the pacific. just in time for the holiday, is brewing that storm system- over the pacific. mainly cloudy conditions for christmas day. you can see heavier rainfall for santa rosa. even towards petaluma. and just light rainfall for the bay bridge, oakland and delta and portions of the delta. san jose, however not picking up that much. but we could pick up in intensity. the wi

responsibility for ips dent. in newtown, connecticut, a resident told reporters christmas will never be the same for the families who lost children and loved ones in the december 14 massacre. correspondent molly henneberg reports both sides of gun debate trying to develop a plan to keep the nation's chirp safe. >> the national rifle association may support plan to put armed officers at the nation's school bus lawmakers are less than enthusiastic about the idea, especially the democrats. dianne feinstein who is expected to introduce gun control legislation in january, called the nra idea "distraction." others suggest it might have the opposite effect on lawmakers. >> well, i think he is so extreme a tone deaf he actually helps the cause of us passing sensible gun legislation in the congress. >> we have 130,000 elementary school and secondary schools in this country. if you had two officers in each, that would cost $25 billion. where is that money going to come from? >> one g.o.p. senator said he is not sure this needs to be a federal effort. >> local education decisions are best made at the local

in the next hour. gregg: as residents of newtown, connecticut, still struggle with the school shooting there, the stories of selfless heroism keep pouring in. one woman's emotional story how the elf meant tri tri school's principal helped save her life. heather: bracing for what could be a big strike at some of the biggest ports in america. dock workers could be hitting the picket lines on the east and gulf coast this week. we'll take a closer look what kind of impact that could have on the economy. gregg: mother nature not making it easy for millions of folks rushing to get home for christmas. we're live at the nation's busiest airport. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. gregg: a week after the school shooting in newtown, connecticut, and we're still hearing many stories of heroism in the middle of all that violence. we're hearing from a woman that worked as a reading consultant in the elementary school. she said the principal saved her life w

, the fiscal cliff, newtown, connecticut, what happened up there, that's the gem feeling overall. jcpenney, they've had promotions walking away from it every day, low discount price story. oppenheimer noted discount racks had been cleared and the traffic seems to have improved in that store. maybe that change in their philosophy has helped them out. that's a note that was out on oppenheimer today. bottom line here, guys, is i think we are seeing some movement with some companies to deal with some of these retail sales issues. you'll see a lot of pressure on margins. david, i think you mentioned this, about what was going on with inflows and outflows from equity mutual funds. it's true we're continuing to get outflows from equity mutual funds. that's certainly been disappointing. we had it going through up until last week. the end of last week, it was reported the first outflows from treasuries. more specifically, from general bond funds. that's the first time we've seen this in a very, very long time. all right, it was a very small number, something on the order of $1 billion or something

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